Tom anderson, the produce manager at the thriftway market in pasco, washington, removed a box of bananas from the top of a stack of produce. when he reached for a lug of radishes that had been under the bananas, a six-inch spider—heteropoda venatoria, commonly called a banana spider—leaped from some wet burlap onto his left hand and bit him. nine months later he died of heart failure. his wife brought an action against associated grocers, parent company of thriftway market, on theories of (1) strict products liability under restatement, section 402(a); (2) breach of the implied warranty of merchantability; and (3) negligence. the trial court ruled against the plaintiff on all three theories. was that a correct ruling? explain.

Lynch company manufactures and sells a single product. the following costs were incurred during the company’s first year of operations: variable costs per unit: manufacturing: direct materials $ 12 direct labor $ 6 variable manufacturing overhead $ 1 variable selling and administrative $ 1 fixed costs per year: fixed manufacturing overhead $ 308,000 fixed selling and administrative $ 218,000 during the year, the company produced 28,000 units and sold 15,000 units. the selling price of the company’s product is $56 per unit. required: 1. assume that the company uses absorption costing: a. compute the unit product cost. b. prepare an income statement for the year. 2. assume that the company uses variable costing: a. compute the unit product cost. b. prepare an income statement for the year.

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When conducting a swot analysis, information about turnover, profit margins, and staff quality can be used to identify: